Overview

Numera International, established in 2022, is a company registered in Anguilla. The broker deals in Forex, Metals, Stocks, Indices, and Cryptocurrencies, offering clients access to more than 150 trading instruments across different asset classes.

Regulations:

AFSC(Anguilla-British Overseas Territory in the Caribbean).

Pros:

  • Multiple account options(Classic, Standard, VIP).
  • Competitive Spread.
  • Free demo account.

Cons:

  • Not Regulated by Top-Tier Regulator.
  • Limited geographical reach(excluding the USA, and European countries)
  • High Minimum deposit of $2000.
  • Poor customer support.
  • Complex Fee Structure.
  • Forex Withdrawal issues.
  • No social trading features
  • Limited Payment methods.
  • Limited customer support options
  • Limited educational resources.

Platforms:

Mt5

Is Numera International safe for traders?

Numera International is not regulated by a top-tier regulator such as the FCA or ASIC. Instead, the company is registered as an offshore entity in a tax haven, which is a matter of concern. Without proper regulation, traders are at risk in case of bankruptcy(No Compensation). The broker has complicated fee structures and has received criticism for providing poor customer support. The website lacks educational content along with high minimum deposit could be risky for beginners. Users have also faced challenges with forex withdrawals and a lack of support after losing money. These factors strongly suggest that Numera International may be a scam company. Therefore, trading with Numera is NOT SAFE, as investors could fall victim to forex fraud.

VYFXB Analysis of Numera International:

Numera International offers multiple accounts to meet the needs of different traders. It has competitive spreads and provides a free demo account for beginners. However, there are downsides. The platform is not regulated by top-tier authorities, which impacts its credibility. It only operates in a handful of countries. Additionally, the high minimum deposit is a challenge for many potential customers. Clients often have raised concerns about poor customer support and complicated fee structures, which create a bad trading experience. Limited payment methods, problems with forex withdrawals, lack of social trading features, and insufficient educational resources also make the platform less appealing. Overall, while there are benefits, concerns about the company being a potential scammer overshadow them. We advise conducting thorough due diligence to protect oneself from trading scams. Reading Forex Broker Reviews could help safeguard investors from scamming websites.
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